The government’s intention to find a solution for loans in Swiss francs was reiterated today on SKAI by Deputy Minister of National Economy and Finance Christos Dimas, who spoke of a grid of relief measures that will take effect in about a quarter.

For their part, the banks do not appear to be involved in the planning since they know nothing about the issue. They note, however, that any solution will necessarily go through the European Central Bank‘s supervisory authority and this will take time.

Estimates say the aim is to include as many vulnerable people as possible in the out-of-court arrangements. In any case, because the Swiss franc issue has been raised very high lately, it is possible that the minister will be asked about it.

It should be recalled that the borrowers of the Swiss franc have taken numerous legal actions without so far any result.

The Supreme Court also rejected the claims of the Swiss franc borrowers on appeal, interpreting national consumer protection law in a different way from that laid down in EU law, as it has been interpreted repeatedly by the Court of Justice of the European Union (CJEU) and by the supreme courts of other EU member states.

In addition, it rejected the borrowers’ request to refer questions for preliminary rulings to the Court of Justice of the European Union as the exclusive judicial body for the interpretation of Union rules.